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Agricultural Loan Guarantees: National Advisory Council’s Critical Views on Loans to Iraq Withheld
Examines how the Nat. Advisory Council on Internat

Our Price: $15.00
By Allan I. Mendelowitz (au)
Year: 1993
Pages: 36
Binding Paperback

Product Code: 1428988610

Examines how the Nat. Advisory Council on Internat. Monetary & Financial Policies (NAC) advised the U.S. Dept. of Ag. (USDA) on its ag. export credit guarantee programs to Iraq, esp. regarding the issue of country risk. Discusses both the history & the process that enabled NAC members to approve over $6 billion in USDA loan & credit guarantee proposals for Iraq despite Iraq’s poor creditworthiness. Reviews: (1) the major issues debated in NAC regarding USDA’s ag. loan & credit guarantee proposals for Iraq; (2) the mechanism NAC used to determine a position on USDA’s proposals; (3) the way in which the NAC voting & approval process affected the outcome of NAC positions; & (4) the changing role & respon. of NAC since its inception in 1945. Ill.

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